GCBC finishes strong Q3 with 43 fundings
Gulf Coast Business Credit (“GCBC”) had a great third quarter, closing 43 new Accounts Receivable Factoring and Asset Based Lending (ABL) deals. Amongst the new deals funded were a $4,000,000 working capital facility to a Louisiana based staffing company, a $300,000 working capital facility to a Texas based manufacturing company and a $200,000 working capital facility to a California based transportation company.
Gulf Coast Business Credit Welcomes 2019 Summer Interns!
Gulf Coast Business Credit (“GCBC”), the working capital finance division of Gulf Coast Bank & Trust (“GCB”), is pleased to announce its new team of interns for summer 2019. GCBC offers interns hands-on training in finance, sales/marketing, accounting and underwriting. Meg Roberson, GCBC’s Senior Vice President noted, “We are thrilled to welcome Lacey Bohanan, Kyle Hladky, Will Huber, Mike Mondragon and Sam Wheeler to GCBC. Our internship program is critical to our talent recruiting as we seek to hire and foster the next generation of GCB leaders.”
What is Temporary Staffing Factoring and How Does it Work?
All temporary staffing agencies need access to working capital in order to consistently make payroll. And for staffing companies experiencing growth, the importance of reliable access to cash is even greater. This is why many temporary staffing agencies finance their payroll through factoring companies.
GCBC Hires Vincent Miller as Credit Analyst/Underwriter
Gulf Coast Business Credit (“GCBC”) has experienced impressive growth over the first half of 2018. This not only applies to portfolio growth, but also to the size of the underwriting team. For the second time in 2018, a new Credit Analyst/Underwriter has been added to the team! GCBC is proud to welcome Vincent (“Vince”) Miller as a Credit Analyst/Underwriter for its Austin, Texas location.
Gulf Coast Business Credit Hires Aaron Renaud as New Underwriter
Austin, TX - Gulf Coast Business Credit (“GCBC”), a nationwide provider of accounts receivable finance and asset based lending, is pleased to announce the recent hiring of Aaron Renaud as Underwriter in their Austin, TX location. “We are excited and feel fortunate to welcome Mr. Renaud to the GCBC team. Aaron will play a key role to support recent portfolio acquisition and continued organic growth,” said Meg Roberson, GCBC’s National Sales Manager.
Make a splash this Summer with Referral Rewards and Win a Yeti Cooler!
This summer Gulf Coast Business Credit would like to acknowledge those who’ve helped shape our business. With our Referral Rewards program, if you send us a prospect and that prospect becomes a client, we’ll send you a Yeti Tundra 35 cooler with your favorite college or pro team's logo. To enter, simply refer us the deal before July 15th. As long as the deal closes sometime in 2017, you’ll be ready to kick off the season with a new Yeti Tundra cooler!
How does Referral Rewards Work?
- Find your Sales Representative on the list below.
- Contact your Sales Rep to send a referral before July 15th, 2017. Don't forget to mention "Referral Rewards."
- If your referral becomes a GCBC client anytime in 2017, we'll send you a Yeti Tundra 35 cooler with your favorite pro or college team's logo.
- Thank you for always keeping Gulf Coast Business Credit in mind when you run across companies in need of working capital. Let's kick off 2017 with a bang!
To learn more about the Yeti Tundra 35 cooler watch the video below:
Contact your GCBC Sales Representative Today!
Please like GCBC on Facebook by clicking the following link and we will keep you up to date on current events: Gulf Coast Business Credit Facebook Page. Please connect with GCBC on LinkedIn by clicking the following link: Gulf Coast Business Credit LinkedIn Page. And please join our LinkedIn Group for Referral Sources and Commercial Lenders.
* Referral must be received by July 15th, 2017 and deal must close on or before 12/31/17 to qualify.
Article Posted On: June 02, 2017